316 School St #1 Waltham — Photo 1 of 35
Recent Drop: $24,000
$1,325,000
Investment Analysis — 316 School St #1
Waltham, MA 02451
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02451 carries an estimated $4,660/mo in gross rent — about a 1.83% cap rate and $24,199/yr in estimated NOI at the $1,325,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4
SqFt
3,146
Style
Condominium
Built
2026
Inquire for potential rate favorable owner financing! Presenting a new luxury townhome near super-convenient Waltham Center. The expansive living area is impressive for everyday comfort and easy entertaining. Built on a 32' x 30' foundation with four finished levels and 9' ceilings, the home delivers exceptional space throughout. The 2nd floor features a chef’s kitchen with KitchenAid appliances, a large island, abundant cabinetry plus a hall pantry, and an open living/dining area with fireplace that flows to the deck. The 1st floor offers flexible use as a guest suite with full bath, home office, or family room, plus an entry hall with custom cabinetry. On the 3rd floor, enjoy a primary suite with custom walk-in closet and en-suite bath, plus two generous bedrooms with custom closets. Finished lower level is ideal for a playroom or gym. Highlights include hardwood floors, Andersen windows, 4-zone HVAC, recessed lighting, custom closets, and a laundry room with sink. Come see it!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Range Hood • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second17 x 17.6
Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting
Dining Room
Lvl Second14 x 17.6
Flooring - Hardwood, Open Floorplan, Recessed Lighting
Kitchen
Lvl Second18.8 x 12.4
Bathroom - Half, Closet/Cabinets - Custom Built, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Office
Lvl First13.3 x 7.5
Flooring - Hardwood, Recessed Lighting
Primary Bedroom
Lvl Third17.1 x 12
Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl Third16.5 x 11.5
Bedroom 3
Lvl Third11.6 x 13.7
Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl First17.2 x 11.9
Bathroom - Full, Flooring - Hardwood, Exterior Access, Recessed Lighting
Bathroom 1
Lvl First9.8 x 5
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce
Bathroom 2
Lvl Second5.4 x 7.3
Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Bathroom 3
Lvl Third5.3 x 13
Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Sconce
Property History
$1,325,000
Was $1,349,000
Aug 20, 2026
MLS® 73550623
$1,349,000
Jul 15, 2026
MLS® 73550623
Listing Agent: Amleto Mel Martocchia
Listing Office: Martocchia REALTORS®
MLS® Number: 73550623